Mortgage Rates for 12-1-2008

Mortgage Rates have been updated.

Recommendations:

Due to the extreme volatility in the market and the negative potential from the variety of economic reports and speeches being made by Fed Chairman Bernanke and Secretary Paulson and while I do feel there is the potential rates could drop lower, I feel the potential is greater that rates could go up than that they could go down further.

Therefore, my recommendation is to lock all loans.

If I can help, let me know by either e-mailing me or calling me at (616) 292-7559.

Thanks!

Tom Vanderwell

December 1, 2008